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Russian Railways to cut spending by around 40% in 2025, says finance chief

Russian Railways to cut spending by around 40% in 2025, says finance chief

(Reuters) – Russian Railways, a key cog in Russia’s industrial machine, may substantially cut its spending next year by ar..

Economists see Russian inflation exceeding the central bank’s 2024 estimate

Economists see Russian inflation exceeding the central bank’s 2024 estimate

By Gleb Bryanski and Darya Korsunskaya MOSCOW (Reuters) – Leading Russian economists expect inflation in Russia to exceed the ce..

Fox and Hulu announce multi-year content streaming partnership

Fox and Hulu announce multi-year content streaming partnership

(Reuters) – Fox Entertainment and Hulu announced on Thursday a multi-year content deal whereby the Walt Disney-controlled stream..

Investors lift US dollar, focus on Federal Reserve outlook

Investors lift US dollar, focus on Federal Reserve outlook

By Chuck Mikolajczak NEW YORK (Reuters) -The U.S. dollar rose on Wednesday, renewing its post-election rally after a three-session dec..

LetterOne loses first UK national security appeal over forced broadband sale

LetterOne loses first UK national security appeal over forced broadband sale

LONDON (Reuters) -Russian oligarch-backed investment firm LetterOne lost its challenge to the enforced sale of a broadband provider on..

HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients

HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients

By Lawrence White LONDON (Reuters) – HSBC is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so..

Swiss bank EFG on course for record profit, CEO says

Swiss bank EFG on course for record profit, CEO says

ZURICH (Reuters) -EFG International is on course to beat last year’s net profit and record its most profitable year, the Swiss p..

Banks, construction shares lead rebound in Europe’s STOXX 600

Banks, construction shares lead rebound in Europe’s STOXX 600

(Reuters) – Europe’s main stock index opened higher on Wednesday after a three-session decline, as construction and bank s..

Dollar touches one-week low as safety bid, ‘Trump trade’ momentum ebb

Dollar touches one-week low as safety bid, ‘Trump trade’ momentum ebb

By Kevin Buckland TOKYO (Reuters) -The U.S. dollar slipped to a one-week low versus major peers on Wednesday, looking to extend a thre..

Cycling-Britain’s Froome dreaming of one last Tour de France

Cycling-Britain’s Froome dreaming of one last Tour de France

(Reuters) – Four-times Tour de France champion Chris Froome says he dreams of competing in the world’s greatest cycling ra..